MQI Limited

Client: MQI Limited

Sector: Digital

Geographic location: Helsby, Cheshire

Qualifying R&D expenditure identified: £267,994

This included costs for:

Tax benefit claimed: £70,000

The Company

Serving the global pharmaceutical companies in the life science industry, MQI Limited develops complex manufacturing execution software systems which support regulatory requirements while reducing risk, lowering costs, improving efficiency and speed to market.

The Solution

MQI Limited had never submitted an R&D tax relief claim previously meaning that we were able to identify qualifying R&D activities over the company’s last two tax years. We were recommended to the company by their newly appointed legal team.

In total, we identified an overall R&D investment of £267,994 and claimed back £70,000 in tax credits.

“We had never heard of R&D tax relief before, Champion were recommended to us and we weren’t disappointed. After the initial meeting it was a very easy process, Champion ran with it and there wasn’t much for us to do.

The tax benefit that we’ve claimed back through R&D will allow the money to be reinvested into the company to make further developments. As it’s a continuing process we now make decisions with our customers leveraging R&D.”

Nigel Williams, Director at MQI Limited

Champion Accountants has so far helped SMEs across the North West claim more than £15m in R&D relief – with a 100 per cent success rate.

To see what you could claim, contact David Herd on:

E: david.herd@championgroup.co.uk

Latest News

Capital allowances: the tax rebate you c...

November 27th 2017

Private investors and businesses of all sizes could receive up to 40% of a commercial property purch...

Contracting in the Public Sector

November 24th 2017

More than six months into the revised IR35 regime for the public sector and reports show that more c...

Focus
management accounts

Our Management Accounts service takes this headache away from you. By providing accu...

corporate finance

We help raise finance, advising on the best methods for a given situation, identify ...

SPOTLIGHT ON R&D

MQI Limited

MQI Logo marketing1

MQI Limited develops complex manufacturing execution software systems which support regulatory requirements while reducing risk, lowering costs, improving efficiency and speed to market.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact